A new macroeconomic evaluation of EU enlargement is undertaken with a world macroeconomic model taking into account all possible integration effects: trade effects, Single Market effects, factor movements (FDI, migration) and the costs of enlargement. Due to the differences in size of the...

Austria has gained economically from all integration steps taken by the European Union over the past 15 years (eastern opening, Austria's accession to the EU and its currency union, EU enlargement). With some of these steps occurring in parallel, its effects have similarly overlapped. Eastern...

In the early 1970s, E.F. Schumacher criticised western industrial countries in the face of emerging globalisation by using a term generated by Leopold Kohr: "Small is beautiful." Seen against the progressing enlargement of the EU we need to ask whether and to what extent small is still...

This paper uses a data set covering 9 EU15 member states and 7 candidate countries and new member states to compare inter-regional migration patterns in the 1990s. We find that migration is lower in candidate countries and new member states than in EU15 member states. Also in contrast to the...

This paper analyses the effects of previous enlargements of the European Union on the regional structure of production. Focusing on regional development five years before and seven years after integration, we find relatively small and heterogeneous effects. For the addition of Greece a robust...

Advanced industrial countries have been exhibiting a steady decline of the labour income shares in the last two decades. The study explains this phenomenon by resorting to the old Stolper-Samuelson theorem. The conclusions concerning the impact of free trade on the income distribution are...

The adoption of the Euro by Slovakia from January 2009 and the current world economic crises revived a debate on the timing of the adoption of the Euro in the Czech Republic and other CEECs. The purpose of the paper is to contribute to a discussion on the process of joining the Eurozone by the...